Finance Minister Muhammad Aurangzeb would present the federal budget for the upcoming fiscal year 2025-26 today, as the coalition government seeks to revive the economy, meet the International Monetary Fund (IMF) measures and provide some relief to the tax-weary masses.
The budget, expected to have an estimated outlay of Rs17.6 trillion, comes at a time when the global economy remains engulfed in uncertainty fueled by new trade tariffs being imposed by the United States.
The Finance Minister will also present the Finance Bill 2024 in the Senate on the same day as required under Article 73 of the Constitution.
Finance Minister Muhammad Aurangzeb presenting Pakistan budget for FY 2025-26 today